HSBC: Asean gearing up for next wave of Chinese tech investment


  • Business
  • Wednesday, 05 Jun 2019

KUALA LUMPUR: Asean’s digital economy is projected to exceed US$200bil by 2025 and many Chinese companies are looking to capitalise on this potential, said HSBC Malaysia, quoting a Google/Temasek report.

HSBC Malaysia chief executive officer Stuart Milne said Chinese companies had signalled their intention to expand, and Asean seemed keen to reciprocate.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

FBM KLCI stays on uptrend as momentum grows
Trading ideas: Maybank, KLK, Nestle, GenM, KPJ, D&O, Sam Engineering, Capital A, KUB
South Korea to consult Naver to divest stake
Palm planters seek replanting tax incentive
Sarawak Plantation makes headway with rehabilitation
Lofty US stocks leave investors punishing earnings disappointments
ESG reporting landscape and the role of regulators
Ringgit likely to trend around 4.77 to US dollar
India expects annual power output to grow rapidly
Bursa M’sia likely to trade range-bound this week

Others Also Read